Wall Street’s Shining Star Chopra Hits A Temporary Speed Bump

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Mark Melin
Published on
Updated on

One of the shining female stars of Wall Street is carefully watching her hedge fund’s exposure to healthcare after experiencing the worst quarterly performance in the fund’s history. With the Tiger Ratan hedge fund down a whopping 20.9 percent in September, according to a letter to investors reviewed by ValueWalk, the fund founded by Nehal Chopra is repositioning for the future. While the healthcare bet didn’t work out as planned, Chopra’s short exposure to Walmart did benefit the portfolio, which was down 3.8 percent year to date as of the end of September. The negative performance is rare for Chopra, who…

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Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.